Saab 2010 Annual Report Download - page 146

Download and view the complete annual report

Please find page 146 of the 2010 Saab annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 149

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149

MSEK, unless otherwise indicated 2010 2009 2008 2007 2006 2005 2004 4) 2003 2002
Order bookings 26,278 18,428 23,212 20,846 27,575 17,512 16,444 19,606 19,521
Order backlog at year-end 41,459 39,389 45,324 47,316 50,445 42,198 43,162 45,636 43,082
Sales 24,434 24,647 23,796 23,021 21,063 19,314 17,848 17,250 16,538
Foreign market sales, % 62 69 68 65 65 56 48 46 41
Defence sales, % 83 83 83 81 79 82 80 80 76
Operating income (EBIT) 975 1,374 166 2,607 1,745 1,652 1,853 1,293 1,220
Operating margin, % 4.0 5.6 0.7 11.3 8.3 8.6 10.4 7.5 7.4
Operating margin before depreciation/am-
ortisation and write-downs excluding
leasing (EBITDA), % 9.0 10.5 6.4 16.0 12.0 11.3 13.1 11.1 11.2
Income after financial items 776 976 -406 2,449 1,693 1,551 1,712 1,073 993
Net income for the year 454 699 -242 1,941 1,347 1,199 1,310 746 732
Total assets 29,278 30,430 32,890 33,801 32,771 30,594 27,509 28,704 28,109
of which Saab Aircraft Leasing 3,049 3,362 3,226 3,415 3,397 4,887 5,314 6,181 4,869
of which advance payments, net 643 442 897 2,558 3,642 3,528 2,860 3,990 3,775
of which shareholders’ equity 11,444 10,682 9,330 11,008 10,025 9,493 8,221 7,003 6,833
equity per share, SEK 1) 107.66 99.91 86.49 101.53 89.80 84.10 74.89 65.75 64.17
Net liquidity/Net debt excluding interest-
bearing receivables and after deduction of
provisions for pensions 2,382 -1,631 -3,061 -2,802 -261 5,144 3,211 3,149 2,655
Net liquidity/ debt 3,291 -634 -1,693 -1,627 605 2,856 781 495 352
Cash flow from operating activities 4,487 1,696 954 -1,304 969 2,541 865 1,348 1,060
Operating cash flow 4,349 1,447 659 -1,603 -1,900 2,645 325 545 -92
Average capital employed 13,743 13,775 13,994 13,430 12,789 12,925 12,386 11,629 11,926
Return on capital employed, % 7.9 10.3 1.4 19.4 14.5 14.6 17.3 12.7 11.6
Return on equity, % 4.1 7.0 -2.4 18.5 13.8 13.5 16.7 10.8 10.8
Profit margin, % 4.47 5.78 0.82 11.4 8.83 9.73 11.74 8.5 8.4
Capital turnover rate, multiple 1.78 1.79 1.70 1.71 1.65 1.49 1.47 1.48 1.39
Equity/assets ratio, % 39.1 35.1 28.4 32.6 30.6 31.0 29.9 24.4 24.3
Interest coverage ratio, times 3.20 3.16 0.35 21.4 13.47 6.08 6.08 3.70 3.55
Earnings per share before dilution, SEK 2) 4.12 6.45 -2.31 17.68 11.91 10.89 11.78 7.00 6.87
Earnings per share after dilution, SEK 3) 3.97 6.28 -2.31 17.60 11.91 10.89 11.78 6.91 6.78
Dividend, SEK 3.50 5) 2.25 1.75 4.50 4.25 4.00 3.75 3.50 3.50
Gross capital expenditures for tangible
fixed assets 262 197 386 395 433 296 348 472 623
Research and development costs 5,008 4,820 4,141 4,523 3,537 3,546 3,929 3,690 4,138
Number of employees at year-end 12,536 13,159 13,294 13,757 13,577 12,830 11,936 13,414 14,036
1) Number of shares, excluding treasury shares, as of 31 December 2010: 104,717,729; 2009: 105,511,124; 2008: 106,829,893; 2007: 108,150,344; 2006/2005/2004: 109,150,344; 2003: 106,517,563; and 2002: 106,510,374.
2) Average number of shares 2010: 105,217,786; 2009: 106,335,553; 2008: 107,515,049; 2007: 108,668,700, 2006/2005: 109,150,344; 2004: 108,234,126; 2003: 106,513,969; and 2002: 106,487,407.
3) Average number of shares 2010/2009: 109,150,344; 2008: 107,515,049; 2007/2006/2005: 109,150,344; 2004: 108,234,126; 2003/2002: 109,247,175. Conversion of debenture loan concluded 15 July 2004.
4) Restated according to IFRS, previously not restated.
5) 2010 Board of Directors proposal.
MULTI-YEAR OVERVIEW
SAAB ANNUAL REPORT 2010 143
SHAREHOLDER INFORMATION > MULTI-YEAR OVERVIEW